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OVERVIEW OF WFOE IN GUANGZHOU
A China WFOE is a business entity formed in China entirely with foreign capital and is under full foreign control and ownership.
ADVANTAGES OF WFOE
1)Able to implement global strategy of its own parent company, without taking other factors from Chinese part into consideration;
2)Different from Representative office, it's able to operate its own business;
3)Accept RMB as profits and issue invoice;
4)Employ Chinese staff and transfer USD exchanged from RMB to parent company as profits;
5)Protect intellectual property right and patent technology;
6)Enjoy the profits on its own without sharing it with other co-operators;
7)More effective in business operation,management and its future developent.
Further questions welcome to contact us:
TEL:+86 18902250059
Wechat /Whatsapp:18902250059
Skype:lee.timely@outlook.com
E-mail:timely22@clrge.com
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